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Singapore
Citigroup, Fidelity International Unveil Proposal for On-Chain Fund With Real-Time FX Swaps
Their proof-of-concept aims to boost liquidity and efficiency in multi-currency transactions.

Singapore Pushes for Commercialization of Tokenization
The regulator has seen strong interest in tokenization among the fixed income, FX and asset management sectors.

Justin Sun Might Be Good for Wrapped Bitcoin, Says New Custodian's Director
Robert Liu, a member of the board of Hong Kong-based BiT Global, which was recently added by BitGo as an additional custodian to the bitcoin-on-Ethereum token known as wrapped bitcoin (WBTC), notes in an exclusive interview that Tron founder Justin Sun has come to the aid of customers in the past.

Singapore's DBS Bank Starts New Suite of Tokenized Banking Services for Institutional Clients
The Singaporean banking giant wants to help clients optimize liquidity management and streamline operational workflows.

Singapore Court Grants WazirX Four-Month Conditional Moratorium
WazirX, which lost $234 million in a hack, had filed an application with the Singapore High Court for a six-month moratorium.

Sygnum Unit Receives Liechtenstein License as a Crypto Asset Service Provider
The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area.

OKX Singapore's New CEO Says Custodian Arrangements Were ‘Most Important, Most Difficult’ Part of MPI License
Crypto custodianship has been in the spotlight since the collapse of FTX.

Decentralized AI Society Launched to Fight Tech Giants Who 'Own the Regulators'
Eight founding member projects include Morpheus and Filecoin Foundation, with Michael Casey, CoinDesk's former chief content officer, as chairman of the new industry group.

Will September Be More Difficult for Bitcoin Miners?; Worldcoin Faces Scrutiny in Singapore
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Jefferies report said that bitcoin mining was notably less profitable in August than July. Plus, Singapore is investigating seven people for offering Worldcoin services, and India and Nigeria top the world in terms of grassroots crypto adoption.

Singapore Investigating Seven People for Providing Worldcoin Services
On Aug. 7, Singapore's police warned the public against giving away or selling their Worldcoin accounts or tokens.
